These 401(k) Mistakes Could Leave You Cash-Strapped in Retirement

These 401(k) Mistakes Could Leave You Cash-Strapped in Retirement

You'll often hear that Social Security won't provide you with enough income to maintain a comfortable lifestyle in retirement, and that's true. Those benefits will only replace about 40% of your pre-retirement income if you earn an average wage, and most seniors need about twice that much money to live the lives they want.